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TechFlow reported, Ophelia Snyder, co-founder of 21Shares, said that after the approval of the first U.S. spot Bitcoin ETF, the ETF could be listed within days, but it may take several months to assess its market impact.
She noted that asset management firms must follow a process before including an ETF in their approved distribution lists, which typically takes 90 days, so changes will not become visible until at least one quarter later.
Ophelia Snyder, co-founder of 21Shares, said that while the first U.S. spot Bitcoin ETF could launch within days after approval, its market impact may take months to assess. She noted that asset management firms must follow a process before including ETFs in their approved distribution lists, which typically takes 90 days, meaning changes will likely not be visible until at least one quarter later.
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